As pandemic stimulus money has run out for many Americans, debt is starting to mount again and it is leading to signs of trouble, particularly in the auto industry where car repossessions are on the ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years. Cox Automotive estimates yearly auto repossessions went up about 43% ...
This is a story about a predatory loan that can ensnare you in a matter of hours and lead to crushing debt — and perhaps ...
NEW YORK — People who put their cars up as collateral for what are supposed to be short-term emergency loans are being hit with interest rates of 300 percent, a high rate of repossession and long ...
More Americans are struggling to keep up with their car payments. Auto loan delinquencies have risen above pre-pandemic levels after hitting record lows during COVID — and more borrowers are now ...
Repossessed cars often sit on the repo firm's lot until they go to an auction. Jim celebrated a good deal as his dealer bought the car at auction and passed on the savings to Jim. Jane couldn't afford ...
Exeter Finance recently honored three forwarding companies and four auctions as recipients of its 2025 Repossession and Remarketing eXcellence Awards. The co ...